What's It Going to Be: Inflation or Deflation? [View article]
Jason,
JP Morgan can loan "your" SLV silver to any hedge fund it wants. Odds favor, it would be to someone wanting to short it (borrow it from good ole JP Morgan and sell it). Since it's now common/accepted knowledge that hedge funds can drop like flies and bury themselves...there is simply no guarantee your silver "backing" will be in Morgan's vaults in a world of ever-escalating silver prices.
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Jason,
Oct 20 08:28 am
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All Comments by User 282433 »What's It Going to Be: Inflation or Deflation? [View article]
JP Morgan can loan "your" SLV silver to any hedge fund it wants. Odds favor, it would be to someone wanting to short it (borrow it from good ole JP Morgan and sell it). Since it's now common/accepted knowledge that hedge funds can drop like flies and bury themselves...there is simply no guarantee your silver "backing" will be in Morgan's vaults in a world of ever-escalating silver prices.